NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). His first position was with Air Products and Chemicals in finance, and he quickly became bored with it.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Supply Chain Shaman

DECEMBER 11, 2018

Recent releases of Advanced Planning Solutions (APS) refined but did not transform initial software concepts. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. Traditional planning is batch.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 195

Supply Chain Shaman

JUNE 3, 2013

The solution solved a relevant industry issue. In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. Transora had a short history. Clear governance.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 253

Supply Chain Shaman

JUNE 14, 2018

In this series of posts, I am going to make an argument to augment ERP planning with new cloud-based solutions to improve decision-making. While many business leaders believe that Enterprise Resource Planning (ERP) and Advanced Planning Solutions (APS) will be equal to this task, it is not sufficient. Cross Site Analytics.

Optimal Sourcing 169

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 169

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. Subscribe Here! Email Address. Why is MRO Management Important?

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

Resilinc

JANUARY 31, 2023

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin. What factors will impact commodities in 2023?

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

Supply Chain View from the Field

NOVEMBER 12, 2014

I was in Houston yesterday evening, speaking to a large group of procurement executives at a roundtable held by KPMG’s Procurement Advisory Group, at the fabulous Brennan’s restaurant on Smith Street. ”” This is exactly the root cause of the problem.

Procurement Analytics 102

Procurement Analytics Procurement Solutions El Paso Houston 102

Talking Logistics

DECEMBER 11, 2014

So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services.

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

AFFLINK

JULY 13, 2016

Indirect spend can consume up to 50% of purchasing dollars and turn profitability into loss. This flip from profit to loss can be avoided if the tools are in place to monitor proper product usage that determines spend and provide your company with measurement standards across the broad spectrum. Office supplies: paper and pens.

Optimal Sourcing 48

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Software 48

Supply Chain Shaman

JANUARY 8, 2014

He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Prior to joining Starbucks, he worked at the executive leadership level in Europe, Latin America and North America at ICI, a global chemical company. What have you learned?

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

ThroughPut

MARCH 23, 2020

Few people would have foreseen the day where software like Microsoft Teams, Azure Cloud, Office365, and others, would ensure business continuity from widespread, secure, remote connectivity once we could no longer be at the frontlines in Milan due to most recent Italian border restrictions. Let’s think about it in terms of statistical norms.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

ThroughPut

MARCH 23, 2020

Few people would have foreseen the day where software like Microsoft Teams, Azure Cloud, Office365, and others, would ensure business continuity from widespread, secure, remote connectivity once we could no longer be at the frontlines in Milan due to most recent Italian border restrictions. Let’s think about it in terms of statistical norms.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Requis

OCTOBER 31, 2019

From asking Siri to set your alarm to using predictive text when searching online and making a purchase–– artificial intelligence and machine learning have made our lives easier and more efficient. Whether we realize it or not, we use artificial intelligence and machine learning almost every day. Rapid identification of misplaced items.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Requis

OCTOBER 31, 2019

From asking Siri to set your alarm to using predictive text when searching online and making a purchase–– artificial intelligence and machine learning have made our lives easier and more efficient. Whether we realize it or not, we use artificial intelligence and machine learning almost every day. Rapid identification of misplaced items.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Talking Logistics

MARCH 9, 2017

In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. It feeds analytics and fosters collaboration and insights for continuous improvement and high operational efficiency.

Supply Chain Network Software 105

Supply Chain Network Software Supply Chain Software Network Optimization Supply Chain Optimization 105

NC State SCRC

JUNE 15, 2021

chemicals, resins, IT providers). Examples might be a “state of the industry” report purchased from a consulting company or a publicly available database such as the Census of U.S. Category strategies are well communicated & drive local purchasing behavior & local supplier relationships. Cognizant Tech Solutions Corp.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Resource Reduction 98

6 River Systems

JANUARY 10, 2019

From choosing the right logistics management software to perfecting the order fulfillment process , there are countless processes, steps and decisions that can have an impact on the supply chain. ” — Lloyd Smith, 5 Tips for Improving Your Supply Chain Management , Mindover Software; Twitter: @mindover_austin.

Optimal Sourcing 61

Optimal Sourcing Negotiating Skills Negotiate Pricing Pricing Training 61

6 River Systems

JULY 25, 2019

Will it require frequent maintenance and re-tooling? Logistics and delivery can be handled in a very optimized way with the help of automated solutions using data and information. Part of the problem is that technology is inherently risky. Will the technology be compatible with suppliers and customers? Will it go obsolete quickly?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Supply Chain View from the Field

AUGUST 11, 2015

I have been having a number of fascinating interviews with Chief Procurement Officers this past week on the subject of procurement analytics and supply management risk. But when companies do further analytics on excessive inventory, they eventually realize that about 80% of it is non-critical.

Purchasing Skills 60

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Sourcing Strategies 60

o9 Solutions

NOVEMBER 10, 2022

Within an organization, sustainability data is found in environmental, procurement, financial, product lifecycle, regulatory compliance, human resource management, ERP, and logistics systems (e.g., o9 Solutions is a leading AI-powered enterprise-level integrated business planning and decision-making platform. WMS and TMS).

Supply Chain Planning Software 52

Supply Chain Planning Software Data Optimal Sourcing Procurement Analytics 52

Supply Chain Trend

DECEMBER 13, 2016

Steve Hainey is an international speaker who has had over 20 years’ experience in global multi-site supply chain planning for Fortune 100 & 500 manufacturing companies of retail consumable goods, chemical materials, and medical device products. I have purchased the E-Book myself and truly enjoyed it. .

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 60

Material Handling & Logistics

JUNE 25, 2018

In fact, BMW has adopted any number of digital production technologies, such as data analytics, smart logistics and 3D printing. HP is also adopting such technologies as analytics, machine learning, image recognition and chat bots. Printer-friendly version. Media Type. Media Credit. Privacy Settings. anonymous user. DataTable subpages.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81